If your home isn't selling, your price isn't compelling.

Listen, it's a different market than last year. Last year, you could name a price and get multiple offers, and it would fly off the shelf. Well, now, homes are on average staying on the market for about 65 days, so it's a little bit different. So pricing your home is very important, and it's a good strategy when you're working with a realtor to really sit down and look at the last 30 and 60 days. If you're going past that, you're in a different market, because it matters what the interest rates are and how much inventory there was, and the market is changing almost on a daily basis.

I would recommend reviewing your pricing almost on a daily basis because if the interest rates jump a point, you're basically losing 10% of your potential buyers because their payment is now higher than it would have been if it was one point lower. So sitting down with a realtor, making sure it's marketed right, staged right, doing everything that we always do, but pricing is super important in this crazy market.